Coca-Cola bats for 34% tax under GST

Coca-Cola has essentially called for around 6% cess on it over the peak GST rate

Beverage giant Coca-Cola wants the current average tax rate of around 34% on aerated drinks in the proposed goods and services tax (GST) to be retained, and the roll-out of the new tax regime deferred by two months to September 1.
 
The GST council recently approved a 15 per cent cap on cess on aerated drinks over the peak rate of 28 per cent. Coca-Cola has essentially called for around six per cent cess on it over the peak rate.
 
The multinational company argued that its products are neither a sin product not a luxury item, but even